Fire and Casualty. If the Premises are damaged by fire or other serious disaster or accident and the Premises becomes uninhabitable as a result, (a) Tenant may immediately vacate the Premises and terminate this Agreement upon notice to Landlord or (b) Landlord may terminate this Agreement upon notice to Tenant. Tenant will be responsible for any unpaid rent or will receive any prepaid rent up to the day of such fire, disaster or accident. If the Premises are only partially damaged and inhabitable, Landlord may make full repairs and will do so within a prompt and reasonable amount of time. At the discretion of Landlord, the rent may be reduced while the repairs are being made.
Fire and Casualty. Except as hereafter provided, if the Premises are wholly or partially destroyed or damaged by fire or other casualty, Landlord shall restore the Premises with reasonable diligence; provided, however, that Landlord shall have no obligation to restore improvements not originally provided by Landlord or to replace any of Tenant’s fixtures, furnishings, equipment, or personal property and Tenant shall be responsible for refixturing the Premises and reinstalling its equipment. Landlord need not commence repairs until a substantial portion of the insurance proceeds are available and shall not be required to expend more than the actual insurance proceeds received. Proceeds of insurance payable with respect to a fire or other casualty shall be received and held by Landlord. In the event the Premises are destroyed or damaged by any fire or casualty not covered by the insurance maintained by Landlord or to the extent of not less than 25% of the replacement cost thereof, or if the fire or casualty occurs within the last year of the Term of the Lease, then Landlord or Tenant shall have the option to terminate this Lease by giving notice to the other party within 60 days after the occurrence of such damage or destruction, in which case Landlord shall retain all insurance proceeds with respect to the Premises as its own property. If Landlord does not terminate this Lease as provided above, this Lease shall continue in full force and effect, but Base Rent shall be equitably abated until the restoration is substantially complete. The provisions of this Lease shall govern when this Lease is terminable as a result of a fire or casualty and no other rule or statute on the subject applies. In the event that the Lease is terminated, Tenant is entitled to reimbursement for any prepaid rent. Notwithstanding anything herein to the contrary, in the event the holder of any indebtedness secured by a mortgage or deed of trust covering the Premises, Building or Project requires that any insurance proceeds be applied to such indebtedness, then Landlord shall have the right to terminate this Lease by delivering written notice to Tenant within 15 days after such requirement is made by any such holder, whereupon the Lease shall end on the date of such notice as if the date of such notice were the date originally fixed in this Lease for the expiration of the Term.
Fire and Casualty. If the Premises are damaged by fire or other serious disaster or accident and the Premises becomes uninhabitable as a result, Tenant may immediately vacate the Premises and terminate this Agreement upon notice to Landlord. Tenant will be responsible for any unpaid rent or will receive any prepaid rent up to the day of such fire, disaster or accident. If the Premises are only partially damaged and inhabitable, Landlord may make full repairs and will do so within a prompt and reasonable amount of time. At the discretion of Landlord, the rent may be reduced while the repairs are being made.
Fire and Casualty. If the premises are damaged by fire or other casualty, Landlord may cause the damage to be repaired and the rent will be abated for such period of time as premises remain untenantable, but if the premises are destroyed or so damaged that Landlord shall decide that it is inadvisable to repair same, this Lease shall cease and terminate, and rental shall be adjusted to the date when such fire or casualty occurred. Tenant agrees to release Landlord from any and all claims for loss, damage, or inconvenience arising from such fire or casualty. None of Tenant’s property is insured by Landlord, and insurance for Tenant’s property is Tenant’s responsibility to obtain.
Fire and Casualty. (a) If the Building should be damaged or destroyed by fire, tornado, or other casualty, Tenant shall give immediate written notice thereof to Landlord.
Fire and Casualty a. If the Leased Premises should be totally destroyed by fire, tornado or other casualty, or if the Leased Premises should be so damaged so that rebuilding or repairs cannot reasonably be completed within one hundred eighty (180) working days after the date of written notification by Lessee to Lessor of the destruction, this Lease shall terminate and the rent shall be abated for the unexpired portion of the Lease, effective as of the date of the written notification.
Fire and Casualty. 20 ----------------- 13.1 Insurance Proceeds....................................................................... 20 13.2 Reconstruction in the Event of Damage or Destruction Covered by Insurance................ 20 13.3 Reconstruction in the Event of Damage or Destruction Not Covered by Insurance............ 22 13.4 Lessee's Property........................................................................ 23 13.5 Restoration of Lessee's Property......................................................... 23 13.6 No Abatement of the Rent................................................................. 23 13.7 Damage Near End of Term.................................................................. 23 13.8
Fire and Casualty. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises untenantable, rent will be abated until Landlord shall have restored the same to substantially their former condition. Provided, however, that if Landlord elects not to repair such damage, or if such repairs shall not have been completed within 60 days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Fire and Casualty. 59 13.1 Restoration Following Fire or Other Casualty.....................................59 13.1.1 Following Fire or Casualty..............................................59 13.1.2 Procedures..............................................................60 13.1.3 Disbursement of Insurance Proceeds......................................61 13.2 Disposition of Insurance Proceeds................................................64 13.2.1 Proceeds To Be Released to Pay For Work.................................64 13.2.2 Proceeds Not To Be Released.............................................64 13.2.3 Lessee Responsible for Short-Fall.......................................65 13.3
Fire and Casualty. Fire Protection is available on the premises. If Lessee apartment becomes uninhabitable because of fire, explosion, or other casualty, Lessor may at our option, terminate this Lease or repair the apartment within thirty (30) days. If we elect not to repair the apartment, this Lease shall terminate. If we do elect to repair the apartment, and if the damage is not due to Lessee negligence, this rent shall be abated during the time Lessee cannot occupy the apartment Nothing shall be used or kept in or about Lessee apartment that would in any way affect the terms and conditions of our fire and extended coverage policy or be a violation of law.
